There are currently 1,409 real estate properties in Nephi, UT, with a median automated valuation model (AVM) price of $276,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nephi, UT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Nephi, UT, is $296,595.00, with the most expensive house in Nephi, UT, topping out at $2,007,000.00 and the cheapest home in Nephi, UT, clocking in at $114,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Nephi, UT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nephi, UT, is on a rollercoaster ride. The average rent price in Nephi, UT, is $1,372.00. Indeed, when looking to rent in Nephi, UT, you can expect to pay as little as $860.00 or as much as $3,180.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Nephi, UT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Nephi, UT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Nephi, UT and much more. Save thousands at closing with home foreclosure listings in Nephi, UT — up to 75% off market value!
Nephi is located in Juab, Utah, with an estimated municipal population of 6,378 residents. All of the best foreclosed homes for sale in Nephi are located in the following zip code areas on Foreclosure.com: 84648. The estimated population per square kilometer (.62 miles) in Nephi is 539.
So, about how much do homes cost in Nephi? The most recent median value of resident-owned homes in Nephi is 210,339. An estimated 73.4 percent of households in Nephi own their homes, with an average family size of 3.44. The median household income in Nephi is 62,207, with24 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Nephi, the median commute time of resident workers (in minutes) is 23. And last, but certainly not least, are you looking for homes to rent in Nephi? If so, the average rent price paid by renters in Nephi is 823, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Nephi, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Nephi is 29.8, split between 49 percent male versus 51 female. The percentage of residents who report being married in Nephi is 58.9, with an average family size of 3.44.
The percentage of residents who report their race in Nephi is as follows:
|Black / African American||0.4%|
|American Indian / Alaskan Native||0.8%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Nephi? Or maybe you are searching for 55+ active adult communities in and/or near Nephi?
The percentage of residents who report their age in Nephi is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Nephi with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Nephi.
How do you know that living in -- or moving to -- Nephi is right where you need to be? Perhaps you grew up in Nephi or already live nearby; therefore, the decision to buy a home in Nephi is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Nephi for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Nephi:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Nephi.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Nephi can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Nephi, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.